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. i think this may be keeping with the idea that citi is an international company. don't need as much stuff here. maybe. >> to the extent financial services are being commotitized. reflective of changes going on overall at financial services as you get out of markets that are so transparent now that you can't make the margin that you once again. therefore you have to focus on the cost size. >> i don't think people understand how much money they used to make. in a transaction you could hide gross credit. you could say you're buying this at 100 but you are getting to 98. no one is taking two anymore. those were the ways you really made a lot of money if you were a sales trader. >> the bulk of the layoffs is from global consumer banking. >> global consumer. >> they are talking brazil, hong kong -- >> those are growth markets. >> that's fascinating. 35% coming from that. >> and 25% from institutional clients. >> what the heck are they doing? are they retreating? the whole thing was to put everybody there. i guess -- >> it's not a supermarket. they want to be bodega. >> they didn't think p
corporation. next friday, december 7, the city club welcomes aaron david miller, vice president of new initiatives and distinguished scholar at the woodrow wilson international center for scholars. friday, december 14th. the city club will host an roman, president and ceo of the national association to end homelessness. please visit our web site, ski club.org, for information about our upcoming forum or to listen to a podcast of any of our past programs. we'll like to welcome guests from human in humana care, and mutual. thank you for your support. we would like to welcome to today's programs students who are joining us from area high school. student participation is made possible by a generous gift from the chars sparr trust. will the students please stand and be recognize it. [applause] >> now we would like to return to our speaker for our traditional city club question and answer period. we welcome questions from everyone, including guests, holding the microphone today is program directer kerry miller, may we have our first question, please. >> mr. broussard, you talked about the co
is not extent beyond the city limits. what has to come first for us to be on the track to success? >> it to get international security assistance peace right and you have african nations, including uganda and rwanda and participate, that gives you some breathing space to move on. that is the essential thing that first. to happen first brok >> you have to deal with governments, but obviously creating greater security -- >> governments at which level? "you cannot frankly do real governance of the provisional level with governors unless you're dealing with the capital, because of the nature of the congolese government. you start where you are, and you have monusco, with no real effectiveness, try to bring in units or create a new unit within it that has that capacity. if i were forced to make a choice, and i was dealing at the provincial level, the only force out there right now is monus whyco. would try to bring units in the letter actually capable -- monusco. i would try to bring units that are actually capable. i think it is really getting in there and working without putting our forces at real
jackson international airport are delayed. and we are also seeing that outside in the western part of the united states, places like salt lake city, serious delays. the national weather service issued a winter storm warning for oklahoma, arkansas and the southeast is bracing for very severe weather also. lots of travelers we spoke with plan for very early travel plans in hopes of dodging those later delays and catch really the calm before the storm, kelly because as we know there is a system not only in the pacific northwest but also the storm system down here in the southeast that will head up to new york city and northeast areas, you'll be having some severe weather up there. kelly. kelly: that affects so many people especially flying out of atlanta, or through atlanta, so what does the rest of the day look like for travelers coming through there? >> reporter: well, slowly but surely we are starting to see more delays take place. earlier this morning a lot of the flights were coming in on time. as the conditions deteriorate not only here in the southeast but like i said across th
Search Results 0 to 3 of about 4